Foreclosures, Fraud, and Buying a Home

06/26/2008 at 10:00 a.m.

Owners of million dollar homes are defaulting on their mortgages. More than one in every 600 homes in Pierce County is in some stage of foreclosure. Housing prices are down, the Justice Department has charged hundreds in mortgage fraud schemes, and it's getting harder to get a loan. Have you missed payments? Are you trying to sell? Looking to buy? We've got experts to give you advice.

If you're interested in listening to it, here's the home page describing the guests and their backgrounds:

http://www.kuow.org/program.php?id=15213

you can listen to the show here:

http://www.kuow.org/mp3high/m3u/WeekdayB/WeekdayB20080626.m3u

Guests

Richard Hagar is a real estate agent and appraiser. He teaches classes on predatory mortgage lending. You can hear his commentaries on KPLU once a month.

Linda Taylor is housing director at the Urban League.

Rick Sharga is vice president of marketing at RealtyTrac. RealtyTrac tracks foreclosure trends and calls itself the "leading online marketplace for foreclosure properties."